Definition of 'Allied Lines'
Any type of property-casualty insurance that is closely related to fire insurance coverage. Allied lines coverage is almost always taken out along with a standard fire insurance policy. Allied lines insurance can include coverage for such things as accounts receivable, data-processing equipment, water damage and vandalism.
Investopedia explains 'Allied Lines'
Allied lines insurance covers a variety of ancillary coverages in addition to those listed above, including but not limited to:
• Demolition charges
• Increased cost of construction
• Malicious damage
• Radioactive contamination
• Sprinkler leakage
• Standing timber